As per the Colombian Immigration Agency records, the number of international passengers travelling for healthcare services, has grown by 22.9% every year (6,281 tourists in 2012 to 14,339 tourists in 2016).

The cities such as Bogotá, Medellin, Cali, Barranquilla, Cartagena, and Bucaramanga attract the largest number of international patients who are looking for quality care in healthcare services in the fields of ophthalmology, cardiology, dentistry, neurology, and oncology etc.

A report by Procolombia states that healthcare services in the country are approximately 40% cheaper than in the United States. Besides that, the geographical position of the country is an advantage with its access to a whole continent and highly trained human resources, additionally, international organizations such as Joint Commission International have certified five hospitals for their patient care standards. As per the ranking provided by América Economía, Colombia has 22 hospitals that are listed among the best hospitals in Latin America.

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To uncover sales opportunities within the Colombian market for capital equipment, medical devices, PACS, RIS and more, contact Global Health Intelligence to learn more about our hospitals database, which tracks more than 130 data points for more than 15,000 hospitals in  Latin America. You can also see which are the best-equipped hospitals in Colombia with our newly released ranking.

After tourism, revenue from professional services, mainly medical services is the main source of foreign exchange for the country. Between 2011 to 2015, the country has generated an annual average revenue of USD11.54 billion.

Cuban health professionals are present in 24 countries in Latin America and the Caribbean, 27 in Sub-Saharan Africa, two in Middle East and North Africa and seven from East Asia and the Pacific. The country does not have the accurate number of professionals involved however, estimates by Ministry of Health show that by mid-2015 there were more than 50,000 professionals with half of them being doctors.

Venezuela and Brazil are the most important markets in Latin America and Caribbean islands. The important markets include Qatar, Kuwait, China, Algeria, Saudi Arabia and South Africa. Revenue from Cuba’s largest trading partner, Venezuela for medical services was USD2.8 billion in 2016. The island also offers free services through the Integral Health Program for 27 countries with fewer resources, such as Haiti, Bolivia, El Salvador, Guatemala, Nicaragua, Honduras, Ethiopia, Congo, Tanzania and Zimbabwe.

In 2016 Cuba had 90,161 doctors, including those working abroad. Along with free education, the Cuba has universal healthcare system with the Cuban state financing the health system. A total of 493,368 people work in the healthcare system including 16,852 dentists, 89,072 nurses and 63,471 technicians. The island also conducts training of doctors from other nations in the Latin American School of Medicine (ELAM).